Liminal challenges WazirX accusations after $235M security breach
According to Liminal, 75 days after the hack, WazirX still had more than $175 million in its custody despite blaming the custodian for causing the breach.
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Japan: Crypto Trading Platform Liquid Hits Unicorn Status With Over $1 Billion Valuation
Japanese crypto trading platform Liquid has hit unicorn status with the first close of an ongoing Series C funding that puts the company valuation at over $1 billion. The news was reported by Cointelegraph Japan on April 3.Liquid’s parent company is Quoine, a global fintech company licensed by Japan’s Financial Services Agency.As Cointelegraph Japan reports,…
XRP’s Dismal 2020 Continues as Token Overtaken by LINK
Ripple’s native token XRP was the worst performing large cap token in 2019 — and 2020 isn’t looking much better so far.Crypto analytics firm Messari this week released data showing XRP was the worst-performing crypto asset in the top 25 coins by market cap in the first quarter of 2020.XRP was also overtaken in volume…
Southern China warns investors against illegal token platforms
China’s southern Hainan province is the latest to warn investors against crypto-based fundraising schemes. Following China’s major regulatory crackdown on cryptocurrencies, financial regulators in Hainan, the smallest province in the country, reportedly issued a warning against crypto or blockchain-themed illegal fundraising schemes.According to local reports, the Hainan branch of the People’s Bank of China, the…
NFTs, Web3 and the metaverse are changing the way scientists conduct research
Scientists can leverage blockchain tools, such as smart contracts and tokens, to improve collaboration in scientific endeavors between different stakeholders. This so-called decentralized science movement, or DeSci for short, combines blockchain and Web3 technologies to improve scientific research.A primary goal of DeSci is wider participation and funding when approaching scientific challenges, as well as democratizing…
OriginTrail, The Blockchain Socialist and CryptoHarlem update The Agenda on the state of crypto
In Part 2 of The Agenda’s one-year later episode, CryptoHarlem, OriginTrail and The Blockchain Socialist share their thoughts and plans for 2025.
BitMEX Taunts Plaintiff: ‘Incorporated in Seychelles, Come at Me Bro’
The plaintiff in a lawsuit accusing BitMEX of market manipulation and operating without a license in the U.S. believes that Twilio possesses thousands of incriminating email records that prove their case.The Bitcoin Manipulation Abatement LLC (BMA) has asked the court to preserve all BitMEX-related email data held by the U.S. cloud communications platform, Twilio. BMA…
Study: Over 74% of Bitcoin Mining is Powered by Renewable Energy
Cryptocurrency investment products and research firm CoinShares estimates that 74.1% of bitcoin (BTC) mining is powered by renewable energy in its bi-annual mining report published on June 5.The report also claims that “at current prices, the average miner is highly profitable, with even older gear and high-cost producers currently able to make positive ROI.” The…
New York Judge Says Telegram Can’t Distribute Grams Outside U.S. Either
A New York judge has ruled that the injunction barring Telegram from issuing its Gram tokens extends to all entities in the United State and overseas.On April 1, U.S. District Judge P. Kevin Castel, responded to the encrypted messaging firm’s request for clarification as to the scope of the court’s March 24 preliminary injunction. He…